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Mergers, Acquisitions and Takeovers

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Top Mergers, Acquisitions and Takeovers Articles

Displaying items 133-143
  • Timeline: Office Depot opens first store in Fort Lauderdale, grows rapidly in first decade

    Timeline: Office Depot opens first store in Fort Lauderdale, grows rapidly in first decade
    Key events in the history of the Office Depot retail chain: October 9, 1986: Pat Sher, founder of Mr. HOW Warehouse home improvement chain, opens first Office Depot store in Lauderdale Lakes Mall with inventory of 7,000 items and a copy center....
  • Potential merger raises antitrust questions

    Potential merger raises antitrust questions
    Some 1,700 Office Depot headquarters employees in Boca Raton are likely to keep a careful watch on news from Washington, D.C., in the coming months. They know their futures could be shaped by whether the Federal Trade Commission allows their company...
  • Public hearing planned on proposed sale of OneWest Bank to CIT Group

    Public hearing planned on proposed sale of OneWest Bank to CIT Group
    Rejecting an unusual email campaign fomented by a top bank officer, regulators decided to hold a public hearing later this month in Los Angeles on the planned $3.4-billion takeover of OneWest Bank in Pasadena. The decision, announced Friday, came one...
  • Giuseppina's Italian Bakery to open in South Windsor

    An open house and ribbon-cutting ceremony will take place on Wednesday, Feb. 11 at 5 p.m. for Giuseppina's Italian Bakery, at 946 Sullivan Ave. in South Windsor. Members of the South Windsor Chamber of Commerce will be on hand to welcome the new...
  • Stonegate reports jump in net income, loans

    Stonegate reports jump in net income, loans
    Stonegate Bank increased its loans, deposits and net income in the fourth quarter as the state's economy expanded. The Pompano Beach-based bank's net income rose to $5.2 million, or 49 cents per share, at the end of the fourth quarter, compared with a...
  • Gregg Pollack on Code School sale: Deal includes stock, cash

    Gregg Pollack on Code School sale: Deal includes stock, cash
    I sat down with Gregg Pollack to talk about the $36 million acquisition of his company, Orlando-based Code School, by Pluralsight. The two computer coding education companies are now operating jointly, with Pollack in charge of the Orlando location....
  • Walgreens names new CFO

     Walgreens names new CFO
    Walgreens Boots Alliance has a new chief financial officer. George Fairweather, formerly the group finance director at Alliance Boots, has been appointed global chief financial officer effective Feb. 20, replacing Tim McLevish. The company was formed...
  • Investor urges Staples to merge with Office Depot

    Investor urges Staples to merge with Office Depot
    Activist investor Starboard Value LP has written a letter to Staples' CEO, urging a merger with Boca Raton-based Office Depot. The investor has about a 10 percent stake in Office Depot and about 5 percent in Staples, both office-supply retailers....
  • Howard Bancorp's 2014 earnings rise five-fold after acquisition of failed bank

    Howard Bancorp's 2014 earnings rise five-fold after acquisition of failed bank
    The parent company of Ellicott City-based Howard Bank reported strong growth and a more than five-fold increase in its earnings in 2014, driven largely by its acquisition of a failed Rising Sun bank. For the year, Howard Bancorp reported earnings of $10....
  • Tootsie Roll chief, committed to keeping company independent, dies at 95

    Tootsie Roll chief, committed to keeping company independent, dies at 95
    Melvin J. Gordon, who ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years, held the distinction of being the oldest CEO of any business listed on the two major stock exchanges. Mr. Gordon, 95, died Tuesday in Boston after a...
  • SkyMall's bankruptcy had less to do with its absurd catalog than you think

    SkyMall's bankruptcy had less to do with its absurd catalog than you think
    On the surface, the bankruptcy of SkyMall seems to be easily explained and none too surprising. The publisher of those seat-back catalogs brimming with useless crapola thumbed through by millions of air passengers, SkyMall ostensibly became the victim...